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Jefferies raises price target for Container Corporation with Buy Rating

Jefferies raises price target for Container Corporation with Buy Rating
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CBIC notifies waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh


By
Taxscan Team - On January 15, 2021 4:53 pm
The Central Board of Indirect Taxes and Customs (CBIC) notified the  waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh.
The CBIC has received the representations that Customs authorities at some ports are insisting that ship owners provide Bank Guarantee for carriage of EXIM containers for transhipment from East Coast to West Coast ports, via Colombo.
It is seen that Circular No.45/2005, dated November 24, 2005 waives the requirement of execution of bank guarantee for the purpose of transhipment in respect of Carriers of containerized cargo, who are handling more than 1000 TEUs as import containers in a financial year. ....

Sri Lanka , Icds Cfss , Taxscan Adfree , Taxscan Team , Bank Guarantee , Export Cargo , Central Board , Indirect Taxes , East Coast , West Coast , ஸ்ரீ லங்கா , வங்கி உத்தரவாதம் , ஏற்றுமதி சரக்கு , மைய பலகை , மறைமுகமாக வரி , கிழக்கு கடற்கரை , மேற்கு கடற்கரை ,